Crypto’s 2019 arguably started with a bang, which was in stark contrast to the holiday season’s lull. The Bitcoin Network, for one, turned ten years old, just as a number of bullish development blessed crypto startups. Many hope that this positive momentum will continue to influence this industry in the months to come. Crypto Tidbits: Paypal…
Bitcoin (BTC) isn’t the world’s first stab at digital money. In fact, the idea of running society with digital cash has been around for three decades, if not more. David Chaum, an American cryptographer, founded DigiCash in 1990, but it failed not one decade later. E-gold, a computer-based representation of gold, and the Liberty Reserve,…
As most of you will probably know, yesterday marked the 10th anniversary of the mining of Bitcoin’s genesis block. Many Bitcoin proponents mark this as the birthday of the digital asset itself. To celebrate the occasion, long-time Bitcoin advocate and successful investor Trace Mayer proposed that the community start an annual tradition of a crypto…
The crypto markets have extended yesterday’s losses into today, with most major cryptocurrencies trading down slightly at the time of writing. Bitcoin and Ethereum have both established levels of resistance over the past few days and are continuing to respect those levels. Although the markets are expressing some levels of stability around their current price levels,…
To ring in the new year, Tone Vays, a former institutional investor turned Bitcoin (BTC) diehard, brought on Princeton graduate Murad Mahmudov, a leading cryptocurrency analyst and economist, to discuss the current state of this nascent market. As the debate/friendly discussion was over 130 minutes long, there was a mass of intriguing information contained in this episode…
Latest Bitcoin News Aside from Bakkt, the never-ending wait for US SEC to comment or even approve Bitcoin ETF, the crypto and Bitcoin sphere is bereft of market-moving news. True, there are essential updates from time to time and what dominates right now is Overstock plans of “paying” their commercial activity taxes (CAT) using Bitcoin…
Key Points Bitcoin price recently traded as high as $3,919 and later started a downside correction against the US Dollar. There is a major bearish trend line formed with resistance at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price must stay above the $3,740 support level to bounce…
Although Coinbase has recently become a controversial company, especially as it began to add crypto assets left and right, the company has long had an unrelenting drive for innovation. Since setting up shop in 2012, the San Francisco-headquartered startup, headed by a former Airbnb employee with visions of grandeur, has quickly set the industry standard in…
According to data from DailyFX, almost four out of five Bitcoin (BTC) investors remain long on the number one digital asset by market capitalisation. This analysis runs contrary to the price performance of Bitcoin over the last twelve months. The ratio of those investors who remain long on Bitcoin versus those short on the asset…
Following yesterday’s crypto market surge that sent Bitcoin up more than 4% and Ethereum up more than 10%, the markets have found some levels of stability and are currently trading down slightly. Although the crypto markets are relatively stable as of now, the stock market is seeing tremendous levels of instability, with today’s drop being primarily…